Multiple Choice
In the classification terminology of the World Bank, a "strongly-inward-oriented Economy" is one that has __________ trade controls and consequently __________.
A) extensive; discriminates against production for the home market rather than for export
B) extensive; discriminates in favor of production for the home market rather than forbExport
C) extensive; does not discriminate between production for the home market andbProduction for export
D) few or no; discriminates in favor of production for the home market rather than for Export
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Developing countries (or LDCs) tend to have
Q5: Despite the general agreement among economists on
Q6: Other things equal, an export quota agreement
Q7: In the context of developing countries' external
Q8: In international commodity agreements that specify a
Q10: Utilizing material in this chapter as well
Q11: Developing countries often claim that their "commodity
Q12: Remembering the optimum tariff analysis of Chapter
Q13: In the diagram in Question #13 above,
Q14: In the situation of transfer pricing by